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Capitalize or CWIP

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(Querist)
28 November 2008 dear exxperts,
we have purchased a microwave and some fans for our site office (Construction House) now question is we should capitalize this items in plant & machinery or treat as capital work in progress-Site exp and then capitalize its end of the financial year.
please guide me
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Ravi S.

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Ravi S. (Expert)
28 November 2008 it should be capitalized if it can be effectively utilized without the building itself. If its utilization depends on completion of construction then its a WIP
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